Sunoco LP (SUN)

Sunoco LP's stock price has been influenced by acquisitions, joint ventures, dividend increases, and analyst ratings. Key events include the acquisition of NuStar Energy LP, a joint venture with Energy Transfer, acquisition of a liquid fuels terminal in Portland, Maine, expansion into Europe with the acquisition of TanQuid, and the approved takeover of Parkland Corporation. The company consistently increased its quarterly distribution. Wells Fargo upgraded Sunoco LP to "Overweight" with a raised price target. While Q3 2025 EPS missed estimates, quarterly revenue increased.

Sunoco LP's business experiences seasonality, with increased motor fuel demand during the late spring and summer months due to higher travel, recreation, and construction activities. This leads to higher motor fuel distribution volumes in the second and third quarters of the fiscal year.

Sunoco LP is an American master limited partnership focused on energy infrastructure and motor fuel distribution, operating in the Oil & Gas Refining & Marketing industry. Its core business involves wholesale distribution of various fuels and production of high-performance fuel blends for motorsports. The company also offers non-fuel products and services at retail locations and generates rental income from real estate.

Sunoco LP has a broad geographic footprint, operating in over 40 U.S. states, Puerto Rico, Europe, and Mexico. Its midstream operations include approximately 14,000 miles of pipelines across 16 states and over 100 terminals in the United States, Puerto Rico, Mexico, and Europe. As of 2024, Sunoco operates 76 retail locations, primarily in New Jersey and Hawaii.

Sunoco LP maintains a strong positive brand association with motorsports, being the Official Fuel of NASCAR for over 20 years. This highlights the company's commitment to quality and performance in its fuel products, and there have been no widely reported negative events impacting its brand reputation in the past year.

Sunoco LP's ownership is a mix of institutional, insider, and retail investors. Institutional investors hold a significant portion. Major institutional owners include Alps Advisors Inc., Invesco Ltd., and Goldman Sachs Group Inc. The largest individual shareholder is Energy Transfer Partners LP 1. Sunoco GP LLC, the general partner, is owned by Energy Transfer Operating LP, an affiliate of Energy Transfer LP.